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Chez Cliché: Apartments with Personality

Chez Cliché: Apartments with Personality

Under a photo of a garden table set for eight, whose surfaces were wild with long grass and flowers, botanist Sophie Gruenhaus had written an invitation: “Let’s have a tea party! Who’s in?” After she posted it on her Facebook page, 16 of her 562 friends liked it. All of which would have been quite […]

Reining in the Rents

Reining in the Rents

 Spring brought the first hints of electioneering ahead of September’s national vote with Austria’s governing coalition parties, the centre-right People’s Party (ÖVP) and centre-left Social Democrats (SPÖ), presenting diverging plans for “offensives” to tackle the country’s rocketing housing costs. An increase in the number of Austrian households by over a quarter million, a surge in […]

Social Housing: Here to stay?

In Austria, public housing has its roots in the era of Red Vienna, the period between 1918 and 1934, when the ruling Social Democrats launched an unprecedented programme for the provision of decent, affordable housing. Since World War II, the sector has shifted away from direct public ownership towards subsidised construction by Public Benefit Housing […]

So You’d Like to Buy a House in Austria

With interest rates at all-time lows (around 3%), buying property becomes awfully tempting, even for foreigners. In many cases with the cost of one’s rent, one could carry the loan necessary to own the property. For under €1000 you can make the payments on a €170,000 loan. But beware before you sign: once you buy, […]

Austria Lowers Rental Commissions

An amendment by the Ministry of Economic Affairs will allow real estate agencies to charge clients a maximum of two monthly rents in commission instead of three as has been the practice for the past three decades. The modification of the law was signed by Minister Reinhold Mitterlehner (ÖVP) and will take effect Sep.1, according […]

Vienna’s Social Housing

The trams have been stopped. The electricity, gas and water supplies have been cut off.  Government troops march into the public housing complexes in Ottakring, Heiligenstadt and Simmering with artillery, while the resistance fighters inside desperately try to hold out. In 1934, Vienna was in the grip of what became known as the Austrian Civil […]

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